Walmart is going to absorb the cost of some tariffs, Treasury Secretary Scott Bessent said on Sunday after speaking with the company’s CEO in the wake of President Donald Trump ’s warning that ...

Walmart does not appear prepared to “eat the tariffs” in full, however, as Trump has insisted the company and China would do. Mr. Bessent said he spoke Saturday with Walmart CEO Doug McMillon, ...

Bessent said he spoke on Saturday with Walmart CEO Doug McMillon, stressing in two news show interviews that what he thought really mattered for Walmart customers was the decline in gasoline ...

President Trump said that the US is investigating furniture imports and will impose a tariff on the products once the probe ...

Walmart did not comment on Bessent's description of his conversation with McMillon. In a social media post on Saturday morning, Trump said Walmart should not charge its customers more money to ...

During a recent hearing held by the House Financial Services Committee several weeks ago, Congresswoman Joyce Beatty (D-OH) ...

WASHINGTON – Treasury Secretary Scott Bessent said retail giant Walmart "will be absorbing" the impact of President Donald Trump's signature tariffs, but some costs "may get passed on to consumers." ...

Bessent on Sunday described his call with the company’s CEO, after President Donald Trump warned Walmart to avoid raising any prices from the tariffs and vowed to keep a close watch on what it does ...

There's an interesting little case study in this morning's market movement. Bonds had been sideway to very slightly weaker overnight, but began to rally at 7am ET.  The most notable market ...

Treasury Secretary Scott Bessent has acknowledged that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump's tariffs to its shoppers through higher prices.